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Augusta Corp's Golf Division has sales of $205,000, cost of goods sold of $115,000, operating expenses of $40,000, average invested assets of $915,000, and a

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Augusta Corp's Golf Division has sales of $205,000, cost of goods sold of $115,000, operating expenses of $40,000, average invested assets of $915,000, and a hurdle rate of 12.75 percent. Calculate the Golf Division's return on investment and its residual income. (Enter your ROI answer as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.) Answer is complete but not entirely correct. 54.64 % Return on Investment (ROI) Residual Income (Loss) (67)

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